Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion.
Amory LovinsRead
Today we have a temporary aberration called "industrial capitalism" which is inadvertently liquidating its two most important sources of capital, the natural world and properly functioning societies._x000D_ _x000D_ No sensible capitalist would do that.
Interpretation
The quote critiques industrial capitalism for harming the environment and society, which are vital for sustainable growth.
Amory Lovins highlights the paradox of industrial capitalism, which is currently undermining its own foundations. By exploiting the natural world and neglecting societal welfare, capitalism risks destroying the very resources it depends on for success. This critique suggests that true capitalism should be sustainable and recognize the value of ecological balance and social cohesion.
In practice
In a discussion about sustainable business practices, you could use this quote to emphasize the importance of environmental stewardship.
Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion.
Our energy future is choice, not fate. Oil dependence is a problem we need no longer have-and it's cheaper not to. U.S. oil dependence can be eliminated by proven and attractive technologies that create wealth, enhance choice, and strengthen common security.
I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Prosperity cannot be restored by raids upon the public Treasury.
The focus of our public discourse has been on how American companies are competing with Japanese, German, and other foreign companies. What this allows us to ignore is how each of those American companies is really in competition with the families of the workers. That's the real competition.
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Many markets work best with little or no outside interference. But others - especially those subject to big 'externalities' - need a helping hand.
The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them.
Subscribe for the occasional hand-picked quote. No noise.